Selling women short: Gender and money on Wall Street

Research output: Book/ReportBook

80 Citations (Scopus)

Abstract

Rocked by a flurry of high-profile sex discrimination lawsuits in the 1990s, Wall Street was supposed to have cleaned up its act. It hasn't. Selling Women Short is a powerful new indictment of how America's financial capital has swept enduring discriminatory practices under the rug. Wall Street is supposed to be a citadel of pure economics, paying for performance and evaluating performance objectively. People with similar qualifications and performance should receive similar pay, regardless of gender. They don't. Comparing the experiences of men and women who began their careers on Wall Street in the late 1990s, Louise Roth finds not only that women earn an average of 29 percent less but also that they are shunted into less lucrative career paths, are not promoted, and are denied the best clients. "Selling Women Short reveals the subtle structural discrimination that occurs when the unconscious biases of managers, coworkers, and clients influence performance evaluations, work distribution, and pay. In their own words, Wall Street workers describe how factors such as the preference to associate with those of the same gender contribute to systematic inequality".

Original languageEnglish (US)
PublisherPrinceton University Press
ISBN (Print)0691126437, 9780691126432
StatePublished - Jun 27 2011
Externally publishedYes

Fingerprint

selling
money
gender
performance
discrimination
career
lawsuit
co-worker
qualification
finance
manager
worker
trend
evaluation
economics
experience

ASJC Scopus subject areas

  • Social Sciences(all)

Cite this

Selling women short : Gender and money on Wall Street. / Roth, Louise M.

Princeton University Press, 2011.

Research output: Book/ReportBook

@book{55c71e9bf5a54ecab54a252c15b42209,
title = "Selling women short: Gender and money on Wall Street",
abstract = "Rocked by a flurry of high-profile sex discrimination lawsuits in the 1990s, Wall Street was supposed to have cleaned up its act. It hasn't. Selling Women Short is a powerful new indictment of how America's financial capital has swept enduring discriminatory practices under the rug. Wall Street is supposed to be a citadel of pure economics, paying for performance and evaluating performance objectively. People with similar qualifications and performance should receive similar pay, regardless of gender. They don't. Comparing the experiences of men and women who began their careers on Wall Street in the late 1990s, Louise Roth finds not only that women earn an average of 29 percent less but also that they are shunted into less lucrative career paths, are not promoted, and are denied the best clients. {"}Selling Women Short reveals the subtle structural discrimination that occurs when the unconscious biases of managers, coworkers, and clients influence performance evaluations, work distribution, and pay. In their own words, Wall Street workers describe how factors such as the preference to associate with those of the same gender contribute to systematic inequality{"}.",
author = "Roth, {Louise M}",
year = "2011",
month = "6",
day = "27",
language = "English (US)",
isbn = "0691126437",
publisher = "Princeton University Press",

}

TY - BOOK

T1 - Selling women short

T2 - Gender and money on Wall Street

AU - Roth, Louise M

PY - 2011/6/27

Y1 - 2011/6/27

N2 - Rocked by a flurry of high-profile sex discrimination lawsuits in the 1990s, Wall Street was supposed to have cleaned up its act. It hasn't. Selling Women Short is a powerful new indictment of how America's financial capital has swept enduring discriminatory practices under the rug. Wall Street is supposed to be a citadel of pure economics, paying for performance and evaluating performance objectively. People with similar qualifications and performance should receive similar pay, regardless of gender. They don't. Comparing the experiences of men and women who began their careers on Wall Street in the late 1990s, Louise Roth finds not only that women earn an average of 29 percent less but also that they are shunted into less lucrative career paths, are not promoted, and are denied the best clients. "Selling Women Short reveals the subtle structural discrimination that occurs when the unconscious biases of managers, coworkers, and clients influence performance evaluations, work distribution, and pay. In their own words, Wall Street workers describe how factors such as the preference to associate with those of the same gender contribute to systematic inequality".

AB - Rocked by a flurry of high-profile sex discrimination lawsuits in the 1990s, Wall Street was supposed to have cleaned up its act. It hasn't. Selling Women Short is a powerful new indictment of how America's financial capital has swept enduring discriminatory practices under the rug. Wall Street is supposed to be a citadel of pure economics, paying for performance and evaluating performance objectively. People with similar qualifications and performance should receive similar pay, regardless of gender. They don't. Comparing the experiences of men and women who began their careers on Wall Street in the late 1990s, Louise Roth finds not only that women earn an average of 29 percent less but also that they are shunted into less lucrative career paths, are not promoted, and are denied the best clients. "Selling Women Short reveals the subtle structural discrimination that occurs when the unconscious biases of managers, coworkers, and clients influence performance evaluations, work distribution, and pay. In their own words, Wall Street workers describe how factors such as the preference to associate with those of the same gender contribute to systematic inequality".

UR - http://www.scopus.com/inward/record.url?scp=84884119923&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84884119923&partnerID=8YFLogxK

M3 - Book

AN - SCOPUS:84884119923

SN - 0691126437

SN - 9780691126432

BT - Selling women short

PB - Princeton University Press

ER -